2422 E Glencoe RdGlencoeOK74032
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Glencoe at 2422 E Glencoe Rd, Glencoe, OK, 74032 offers a 10.62% rental yield on a $150,000 purchase with $1,328/mo rent. Total monthly income registers $1,328/mo, and a $734/mo payment leaves $370/mo available for distribution. Annual cash flow reaches $4,443/yr on $49,725 to close, and return on cash invested stands at 28.84% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 151.08% and total cumulative return in cash at $75,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,328/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
8.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74032, Glencoe, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 620 (63.5%) |
| Renter Occupied HU | 168 (17.2%) |
| Vacant Housing Units | 189 (19.3%) |
| Median Home Value | $268,235 |
| Average Home Value | $313,347 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
919
Multi-Family
0
Businesses
52
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Listed by: Kristy Wilson • Solid Rock Realtors
Mls Name: Stillwater MLS
Mls Provider:
Mls ID: #130750
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.